HDFCBANK, ATH & PREVIOUS RESISTANCE ZONE BROKEN (CHART# 353)

Banking stock have been in great momentum for last one week & HDFCBANK being the heavyweight of them all have broken ATH.
It is trading in upward channel which is its long term behavior. Above 1311 it can continue its momentum but traders to be cautious about resistance from upward channel band.

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Piyush Gupta